Among the stock activity stories for Wednesday, May 14, from AP Financial News:
NEW YORK (AP) _ Shares of Schering-Plough Corp. rose Wednesday after a Sanford Bernstein & Co. analyst raised his price target on shares to $25 from $22 and maintained his "Outperform" rating.
NEW YORK (AP) _ Shares of National Financial Partners Corp. jumped Wednesday after an analyst said the company's addition to the Standard & Poor's SmallCap 600 index should result in a short-term boost to the stock.
NEW YORK (AP) _ Shares of Anadigics Inc. fell Wednesday after the maker of chips for cable television and wireless communication was downgraded to "Perform" from "Outperform" by Oppenheimer analyst George Iwanyc.
NEW YORK (AP) _ Analysts issued bullish comments Wednesday on Xtent Inc., after the medical device company released positive data on one of its stents.
NEW YORK (AP) _ Shares of Trinity Industries Inc. rose Wednesday, after a KeyBanc Capital Markets analyst raised his price target on the stock, saying the diversified manufacturer's low-cost business model should offset near-term weakness in its rail group and higher raw-material costs.
NEW YORK (AP) _ Stifel Nicolaus & Co. analyst Patrick Ho was surprised, but not all that surprised, after chip manufacturing equipment maker Applied Materials Inc. released a worse-than-expected third-quarter outlook.
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